Join us to view this all time Christmas favorite! It's a Wonderful Lif e was produced and directed by Frank Capra, that was based on the short story "The Greatest Gift", written by Philip Van Doren Stern in 1939. Despite initially being considered a box office flop due to high production costs and stiff competition at the time of its release, the film has come to be regarded as a classic and is a staple of Christmas television around the world; and is considered one of the most inspirational and best loved movies in American cinema. 1946 130min G